New Delhi: Industry body Amfi has sought clarification from relevant tax authorities with regard to the government’s plan to scrap dividend distribution tax (DDT) on mutual
Day: February 6, 2020
RBI will have to do heavy lifting to boost growth by cutting rates: HDFC Bank | Deccan Herald
The Budget does not provide any counter-cyclical stimulus to boost consumption, and the Reserve Bank will have to do the heavy lifting to boost growth
SC reiteration of bail norm is welcome | Deccan Herald
The recent ruling by a constitution bench of the Supreme Court has expanded the scope of the provision for anticipatory bail in the Criminal Procedure
FM promised truth, but the Budget lies on fiscal deficit | Deccan Herald
Finance Minister Nirmala Sitharaman’s Budget confirms the apprehension that the actual fiscal deficit for 2019-20 would exceed the budget estimate (BE) by a significant margin.
For every rupee in govt kitty, 64 paise come from taxes – Business News
For every rupee in the government coffer, 64 paise will come from direct and indirect taxes, while states’ share of taxes and duties is the
Tax dispute settlement scheme details: No penalty, interest if you settle tax dispute by Mar 31 – The Economic Times
Taxpayer availing the benefit on or after April 1, 2020, then thirty per cent of disputed interest or disputed penalty or disputed fee will be
Income Tax Budget announcements: Income tax highlights of Budget 2020 – The Economic Times
By Shalini Jain The Finance Minister introduced several proposals in relation to the personal tax regime in the Union Budget 2020 presented in the parliament on February 1, 2020.
LIC Listing a Plus For Policyholders–Economic Times
The budget announcement that the government would divest a part of its holding in Life Insurance Corporation (LIC) via an initial public offering is good
Amazon India: Proposed TDS levy on e-comm transactions may impact working capital of SMBs: Amit Agarwal, Amazon India – The Economic Times
NEW DELHI: The proposed levy of 1 per cent TDS on e-commerce transactions announced in the recent Budget may seem like a harmless ‘papercut’ but could impact working capital of small
direct tax target: Will meet FY20 direct tax target of Rs 11.7 lakh cr: Mody – The Economic Times
NEW DELHI: The tax department will meet the revised direct tax target of Rs 11.7 lakh crore in the ongoing financial year, Central Board of Direct Taxes (CBDT) chairman PC Mody said, owing
After PMC Bank scam, cabinet clears amendment to banking laws to strengthen cooperative banks – The Financial Express
The proposed law seeks to enforce banking regulation guidelines of the RBI in cooperative banks, In order to protect interest of depositors, the Union Cabinet
Economy not just govt’s responsibility, it is yours too; FM Sitharaman tells private sector – The Financial Express
Stating that the government has done whatever little it could do to spur growth, FM Sitharaman said that the government is ready to do even
Budget 2020 is indeed a ‘bold’ Budget; you cannot fault Sitharaman here | Business Standard Column
Nirmala Sitharaman’s second Budget has produced the usual grumble that it’s not ‘bold’. But hard as I have tried, I have not been able to
If Kuber wants to give, then you must keep doors open: Economic affairs secretary – Times of India
Economic affairs secretary Atanu Chakraborty expects the new flow of overseas money into government securities to reduce interest rates in the system. In an interview with TOI’s
Urbanise fast for high growth: India’s land policies are at the bottom of its economy failing to take off–Times of India
Rapid urbanisation is a key feature of economies that have sustained 8-10% growth for two to three decades. In South Korea, urban population as a
Nirmala Sitharaman’s Union Budget 2020 took no bold steps for economy–Indian Express
Ahead of the Budget, Prime Minister Narendra Modi had met a range of people — economists, analysts and industrialists — to understand why the economy was choking and
Budget should have focused on creating a pool of domestic savings–Indian Express
It is surprising that the budget chose not to incentivise household savings which could have been used for financing long-term projects In an attempt to
Union Budget has no immediate measures to stimulate the economy–Indian Express
A marathon speech was tiring enough to listen to — and, visibly exhausting to deliver. (Illustration by C R Sasikumar) Finance Minister Nirmala Sitharaman had an unenviable
ठेवीदारांना धक्का – -महाराष्ट्र टाइम्स
ठेवीदारांना धक्का केंद्रीय अर्थसंकल्पातील तरतुदींतील तपशील स्पष्ट होत जात असताना त्याचे नागरिकांच्या आर्थिक भवितव्यावर होणारे परिणामही ठळकपणे समोर येऊ लागले आहेत. अल्पबचत योजनांना भांडवली बाजाराशी
aniltikotekar4sme.com 